Power Tool Company Chervon Gets Demand Planning Upgrade
Power tool manufacturer Chervon is upgrading its demand and replenishment capabilities through automation to improve efficiency and data accuracy.
The company, which was founded in 1993, includes such brands as Ego, Flex and Skill. It has a growing multi-channel sales and distribution network, selling its products in more than 100 countries.
The Benefits
Through the implementation, Chervon will be able to better ensure products are available at the right time and place through increased forecast accuracy. Inventory will be dynamically adjusted to align with real-time demand, minimizing issues with stockouts or overstock.
Additionally, the technology will automate routine planning tasks, giving operations a productivity boost. It will support cross-functional collaboration to elevate decision-making across the company.
Chervon expects to elevate the customer experience as a result of responding more quickly to demand fluctuations.
Chervon’s investment follows a trend in consumer goods manufacturing of increasing demand adaptability to better respond to the volatile supply chain environment.
PMI WW Brands’ Stanley 1913, for example, is using similar technology to better keep up with rising demand in viral products and strengthen its supply chain operations.
Chervon is working with Blue Yonder for the effort, supported by Shanghai Compass Information and Science Co., Ltd.
